Alex Benson

About the author

Alex Benson writes about financial markets and the US economy, interpreted through the lens of his experience as an economist, lawyer, and avid reader and student of history. Alex graduated from law school in 2016 and is a practicing lawyer at his day job. The rest of his time is spent reading, writing, or in the weight room; when not practicing law or reading and writing he can be probably be found picking heavy stuff up and putting it back down. Alex holds a law degree from Ohio State University, a master's degree in economics from Bowling Green State University, and a bachelor's degree in political science and economics, also from Bowling Green.

Is President Trump’s executive order on birthright citizenship constitutional? (Part 1)

President Trump did something earlier this week that many thought he was incapable of doing: he surprised. In an interview with Axios posted this past Tuesday, October 30, the President voiced his intention to issue an executive order ending the longstanding Executive Department practice of conveying automatic “birthright citizenship” on all persons born in the […]

Op-Ed: Did deregulation cause the Great Recession?

Maybe. Then again, probably not, and definitely not all on its own. We are now ten years removed from the beginning of the financial crisis that would become the Great Recession, and after all that time the mainstream explanation for the crisis can be summed up in one word: deregulation. But, what deregulation? That is […]

CBO Report: Half of Americans get more in transfer payments than they pay in taxes

The Congressional Budget Office (CBO) released a report earlier this year titled “The Distribution of Household Income, 2014.” The report analyses a mountain of data from 2014, looking for trends in the distribution of income, taxation, transfers from federal government programs, inequality, and so on. Basically, the report looks at the actual data behind every […]

Fears of bear market as new home sales fall again

According to the National Association of Home Builders (NAHB), new single-family home sales fell again in the month of September — down 5.5% from August and 13.2% below the pace from a year ago. Sales in the Midwest Region increased by 6.9% from August and 4.1% from a year ago. The other three regions did […]

Trump Administration, citing subsidy to China, withdraws from Universal Postal Union

According to Reuters, the Trump Administration began the yearlong process of withdrawing from the Universal Postal Union on Wednesday, arguing that the organization costs the United States millions each year with its subsidies to foreign shippers. Established in 1874 with the Treaty of Berne, the Universal Postal Union is now an agency of the United […]

US budget deficit swells to largest level in six years

The Associated Press (AP) reports the federal budget deficit swelled to $779 billion in FY 2018, the largest level since 2012 and 17 percent higher than FY 2017.  Additionally, the Treasury Department forecasts the deficit will increase again in FY 2019, to over $1 trillion—the first time since 2012 the federal deficit would top the […]